Form 8.3 - DECHRA PHARMACEUTICALS PLC

Barclays PLC

04 December 2023

 

FORM 8.3
PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR
MORE
Rule 8.3 of the Takeover Code (the "Code")
1.				KEY INFORMATION
(a)	Full name of discloser:				Barclays PLC.
(b)	Owner or controller of interest and short
	positions disclosed, if different from 1(a):
(c)	Name of offeror/offeree in relation to whose				DECHRA PHARMACEUTICALS PLC
	relevant securities this form relates:
(d)	If an exempt fund manager connected with an
	offeror/offeree, state this and specify identity of
	offeror/offeree:
(e)	Date position held/dealing undertaken:				01 Dec 2023
(f)	In addition to the company in 1(c) above, is the discloser making				NO
	disclosures in respect of any other party to the offer?
2.				POSITIONS OF THE PERSON MAKING THE DISCLOSURE
(a)	Interests and short positions in the relevant securities of the offeror or offeree
	to which the disclosure relates following the dealing(if any)
Class of relevant security:				1p ordinary
				Interests		Short Positions
				Number	(%)	Number	(%)
(1)	Relevant securities owned
	and/or controlled:			7,567,628	6.64%	1,009,791	0.89%
(2)	Cash-settled derivatives:
	and/or controlled:			1,005,778	0.88%	7,519,857	6.60%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			8,573,406	7.53%	8,529,648	7.49%
(b)	Rights to subscribe for new securities (including directors and other executive
	options)
Class of relevant security in relation to
which subscription right exists
Details, including nature of the rights
concerned and relevant percentages:
3.				DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER
(a)	Purchases and sales
Class of relevant		Purchase/sale		Number of		Price per unit
security				securities
1p ordinary		Purchase		92,786		38.2591  GBP
1p ordinary		Purchase		41,670		38.3000  GBP
1p ordinary		Purchase		26,596		38.2785  GBP
1p ordinary		Purchase		7,048		38.2814  GBP
1p ordinary		Purchase		3,915		38.2780  GBP
1p ordinary		Purchase		3,686		38.2800  GBP
1p ordinary		Purchase		2,151		38.2757  GBP
1p ordinary		Purchase		1,235		38.2703  GBP
1p ordinary		Purchase		990		38.2548  GBP
1p ordinary		Purchase		895		38.2654  GBP
1p ordinary		Purchase		867		38.2600  GBP
1p ordinary		Purchase		667		38.2700  GBP
1p ordinary		Purchase		581		38.2484  GBP
1p ordinary		Purchase		430		38.2707  GBP
1p ordinary		Purchase		284		38.2629  GBP
1p ordinary		Purchase		258		38.2400  GBP
1p ordinary		Purchase		161		38.2583  GBP
1p ordinary		Purchase		149		38.2684  GBP
1p ordinary		Purchase		26		38.2799  GBP
1p ordinary		Purchase		8		38.2637  GBP
1p ordinary		Sale		31,232		38.2974  GBP
1p ordinary		Sale		17,471		38.2756  GBP
1p ordinary		Sale		12,662		38.3000  GBP
1p ordinary		Sale		11,715		38.2171  GBP
1p ordinary		Sale		2,286		38.2283  GBP
1p ordinary		Sale		1,526		38.2532  GBP
1p ordinary		Sale		489		38.1944  GBP
1p ordinary		Sale		396		38.2700  GBP
1p ordinary		Sale		366		38.2614  GBP
1p ordinary		Sale		318		38.2600  GBP
(b)	Cash-settled derivative transactions
Class of		Product		Nature of dealing		Number of	Price per
relevant		description				reference	unit
security						securities
1p ordinary		SWAP		Long		318	38.2600  GBP
1p ordinary		SWAP		Long		366	38.2614  GBP
1p ordinary		SWAP		Long		6,824	38.1704  GBP
1p ordinary		SWAP		Long		9,192	38.2593  GBP
1p ordinary		SWAP		Long		17,471	38.2756  GBP
1p ordinary		SWAP		Short		8	38.2638  GBP
1p ordinary		SWAP		Short		26	38.2799  GBP
1p ordinary		SWAP		Short		909	38.3000  GBP
1p ordinary		SWAP		Short		1,235	38.2703  GBP
1p ordinary		SWAP		Short		1,416	38.2800  GBP
1p ordinary		SWAP		Short		8,797	38.2744  GBP
1p ordinary		SWAP		Short		16,164	38.2777  GBP
1p ordinary		SWAP		Short		17,578	38.2806  GBP
1p ordinary		SWAP		Short		92,786	38.2591  GBP
(c)	Stock-settled derivative transactions (including options)
(i)	Writing, selling, purchasing or varying
Class	Product	Writing,	Number	Exercise	Type	Expiry	Option
of	description	purchasing,	of	price		date	money
relevant		selling,	securities	per unit			paid/
security		varying etc	to which				received
			option				per unit
			relates
(ii)	Exercising
Class of relevant		Product description		Exercising/ exercised against		Number of	Exercise price per
security						securities	unit
(d)	Other dealings (including subscribing for new securities)
Class of relevant		Nature of Dealings		Details		Price per unit (if
security						applicable)
4.				OTHER INFORMATION
(a)	Indemnity and other dealings arrangements
Details of any indemnity or option arrangement, or any agreement or understanding,
formal or informal, relating to relevant securities which may be an inducement to deal
or refrain from dealing entered into by the exempt principal trader making the disclosure and any party
to the offer or any person acting in concert with a party to the offer:
NONE
(b)	Agreements, arrangements or understandings relating to options or derivatives
Details of any agreement, arrangement or understanding, formal or informal, between
the person making the disclosure and any other person relating to:
(i)  the voting rights of any relevant securities under any option; or
(ii) the voting rights of future acquisition or disposal of any relevant securities to which
any derivative is referenced:
NONE
(c)	Attachments
Is a Supplemental Form 8 (Open Positions) attached?				NO
Date of disclosure:				04 Dec 2023
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END